This report contains the results of two closely related research projects designed to yield information on social and economic factors that influence the number of children couples have and the amount of schooling those children receive. Both projects are based on the same underlying theory of family formation and behavior and both use the same basic source of data. The first study attempts to solve certain problems that arise in moving from theoretical constructs to empirical application. The second study concentrates on testing a set of hypotheses about relationships between numbers of children and human capital investments in those children. Common elements of several recent economics models of fertility are reviewed and predictions based on these models are discussed. (JMB)